Council of the EU adopts measures to reduce banking sector risks
Publicat:The Council of the European Union adopted on Tuesday a comprehensive legislative package which will reduce risks in the banking sector and further reinforce the banks' ability to withstand potential shocks, a release informs, according to Agerpres.
The package contains amendments to the capital requirement legislation (Regulation 575/2013 and Directive 2013/36/EU) which reinforce the capital and liquidity positions of banks, and strengthens the framework for the recovery and resolution of banks in difficulty (Directive 2014/59/EU and Regulation 806/2014).
"Today we have adopted…
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